| T.R | Title | User | Personal Name
 | Date | Lines | 
|---|
| 3958.1 |  | QUARK::LIONEL | Free advice is worth every cent | Mon Jun 26 1995 15:35 | 4 | 
|  | Are you sure it's not because you failed to file form 2441 for DCRA?  HCRA
doesn't show up on the W-2 at all, I believe.
					Steve
 | 
| 3958.2 | Support Bill Archer's proposal | DPDMAI::EYSTER | Livin' on refried dreams... | Mon Jun 26 1995 15:53 | 1 | 
|  |     Wonderful argument for a national sales tax, isn't it?
 | 
| 3958.3 |  | QUARK::LIONEL | Free advice is worth every cent | Mon Jun 26 1995 16:54 | 3 | 
|  | No.   It might say something for a flat income tax, though.
			Steve
 | 
| 3958.4 | Yes | DPDMAI::EYSTER | Livin' on refried dreams... | Mon Jun 26 1995 18:15 | 28 | 
|  | > No.   It might say something for a flat income tax, though.
    
    Yes.    Although I think the flat income tax would be an improvement over
    the current 20,000 page mystery we currently have, a flat income tax
    still requires reporting of income and doesn't tax the profits of the
    black marketeers (ie: drug dealers, runners, etc.).  Mobil Oil, in
    recent congressional hearings on tax overhaul, submitted as evidence
    their 76 volume, 19,000 page return that cost $10 million to compile
    and took 56 man-years to create.
    
    I believe the majority of states already have collection means set up
    for sales tax, thus the infrastructure is already there and the
    requirement for a different Federal structure to serve the same purpose
    is negated (read: big cost savings).  Also, remember that our current
    lovely system started as a flat percentage, no deductions, on high
    income only.  I have faith the average pol can muck up anything more
    complicated than a stick.
    
    Adjustments to a sales tax code would be limited to:
    
    percentage
    items excluded (food and medicine in most states, clothing in others)
    items taxed at different percentages (currently tires, for example)
    
    Current efforts to implement a national sales tax also involve repeal
    of the 16th Amendment.  No tears there.
    
    								Brent
 | 
| 3958.5 | I appear to be OK... | POBOX::CORSON | Higher, and a bit more to the right | Mon Jun 26 1995 19:50 | 14 | 
|  |     
    	This could be its own Notes file; ie. MADHELL::TAXES.
    
    	For the most part, I pay taxes as an alternative to big legal fees,
    or jail.
    
    	The question about the HCRA is very interesting and sent me back to
    my tax forms. Can't find a notation anywhere. Must be the Dependent
    stuff, 'cause it isn't Health.
    
    	I'm I lucky, or just something else???
    
    
    			the Greyhawk
 | 
| 3958.6 |  | QUARK::LIONEL | Free advice is worth every cent | Mon Jun 26 1995 21:29 | 5 | 
|  |     I looked at my W-2 - box 11 was empty.  Box 10 has the DCRA amount, and
    you must file a form 2441 if you want to avoid taxes on the part (or
    all) you spent on dependent care.  I see no entry at all for HCRA.
    
    					Steve
 | 
| 3958.7 |  | CSC32::K_MEADOWS |  | Tue Jun 27 1995 12:19 | 10 | 
|  |     And don't forget that the first year it was available at DEC it was not
    for the whole year.  Unfortunately, I don't remember if this was 1992
    or not. 
    
    Also, if you or other parent did not earn more than what was spent on
    child care, it is not deductible.
    
    definitely get a tax advisor on it.  Maybe you just need to file an
    amended return.
    
 | 
| 3958.8 | tax question | MSBCS::HURLEY |  | Wed Jun 28 1995 09:35 | 5 | 
|  |     I have a question about Dcra. This year I changed my deductions from
    $4800 taken out to $3000. Some things have changed since January and it
    looks like my day care bill will be about $4000 for the year. Since I'm
    in the dcra program will I be able to deduct the $1000 differance on
    my taxes?
 | 
| 3958.9 |  | IP$16.65.80.19::S_WATTUM | Hell Bent | Wed Jun 28 1995 09:53 | 6 | 
|  | Re .8
Take a look at form 2441 - that will tell you everything you want to
know.
--Scott
 | 
| 3958.10 |  | QUARK::LIONEL | Free advice is worth every cent | Wed Jun 28 1995 10:30 | 9 | 
|  | Re: .8
Generally, the answer is "no". The only exception would be if you were at all
eligible to claim the partial deduction for dependent care, but I think with
the $3000 DCRA deduction already, you're ineligible (and even at best you'd
be able to deduct 20% of the overage.)  Do look at form 2441 to see how it
would work out for you.
				Steve
 | 
| 3958.11 |  | MSBCS::HURLEY |  | Wed Jun 28 1995 16:49 | 1 | 
|  |     ok I'll look at form 2441. Thanks for the advice.
 | 
| 3958.12 |  | LEEL::LINDQUIST | Pluggin' prey | Wed Jun 28 1995 17:22 | 4 | 
|  | 
    You might be able to get the form from:
    	http://www.ustreas.gov/treasury/bureaus/irs/irs.html
 | 
| 3958.13 |  | NETCAD::THAYER |  | Thu Jun 29 1995 12:10 | 7 | 
|  | 
	RE: .8
	With a change in family circumstances (job, marriage/divorce,
	etc.,) you are allowed to adjust your DCRA contributions.
				John
 |